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the economy to improve, but at a slower rate than the united states and develops nations. he's attending the g20 finance minister meetings. from the council on foreign relations, this is an hour. >> [inaudible] >> well, ladies and gentlemen, i'm cochair of the council on foreign relations, and we are privileged, indeed to have with us the honorable, highly experienced german government offiho crrently serving a minister o finance. you have the resumÉ, we are running late, and to maximize time for conversation, i'll be undipmatically brief, but let me say that minister has held four positions of chandler cole who served as federal minister for special tasks, head of the council and minister of the interior. under chancellor merkel 2005 to 2009 served as ministers of the interior. he is a long standing leader of the christian democratic union serving as its chair in 1991. he's bee a 1972 serving as parment ri whip from 1981-84, and in 1990, led negotiations for the reimplication of east east germ. he is proficient in economics of law, a doctor of law, and he's written a number of books most rec
of tumultuous, russia's president is coming under controver controversy. while russia's economy hadn't performed badly last year, falling commodity prices risk pushing the country into recession. these comments come just hours after president putin threatened to fire officials for not following his orders on public spending. geoff cutmore is outside this event. what are you hearing about these concerns and the russian economy overnight? >> reporter: absolutely. fascinating issue. we clearly see some risks emerging in the russian government at this point. and i just want to put that issue to one side for a moment. because i have with me li jiaoung. he is a former chinese minister. i'm fortunate to get the opportunity to talk to him at this event. thanks very much for speaking to me. if i could just start off by asking you, clearly, the world has been focused on the terrorist events in boston and this tragic, very un pleasaplea event. i wonder if you could dwifs a perspective from the chinese point of view here because nobody wants to see terrorism and in particular i think the chinese have an int
or does it matter if an economy will print or grow or whatever? >> the study which said once government debt hits 90% of gdp growth goes off a cliff has been thoroughly discredited and they must kick themselves that they made a mistake on the spreadsheet. people pay attention to the paper which has just come out that shows that this is a pretty sloppy piece of work. the conclusion drawn in terms of the impact of high debt to growth has been basically discredited now. it's fairly clear that governments have a lot more scope to deal with problems. >> was china wrong to pursue this strategy then to help cushion the effect of the global financial crisis and even though people are quite concerned about it including some of the chinese themselves, it sounds like from what you're saying all things considered you don't see a hard landing or crisis as a result. >> as you always say in china, it's too early to tell. i think they have a margin to get things right. if you look at greece, they went into european monetary union and have this lovely window to fix things. a lot of credit with foreign i
they will have going forward on our economy. dagen: peter barnes has much more on this. peter: we looked at research reports on the impact of attacks of 9/11 back in 2001. the current economy has shown some softness recently in job creation and retail sales. any hits to consumer confidence may make things worse. two economists that i have talked to this morning do not think it will get too bad. the 9/11 attacks were targeted for the financial systems. consumer confidence rose sharply after the 9/11 attacks. experiencing the biggest monthly drop in a decade. the attacks caused more than 400 mass layoffs and displaced 130,000 workers. industrial production fell back then. the unemployment rate jumped more than a half a percentage point. we were already in a recession that september. we are not in a recession today. boston is not an economic center. >> maybe a day or two people will be hesitant about going out shopping. assuming nothing else happens, it should last much longer. peter: it could take a short-term hit because of boston. they are more worried about the impact on the economy and
a majority in congress since 1997. the mexican economy has expanded mexican have maintained growth since 2009. fromdp has increased $7,979 in 2009, to 2146 in 2011. in purchasing above 15,500. on gdp growth, almost four%, a higher rate, and is expected to grow 3.5% in the year. this is measured by j.p. morgan. mexico is also taking care of its people. the brookings institution has highlighted that 60% of mexicans are middle class. by 2030, 80.5% of mexicans will be middle class. housing has increased more in the early 1's. all of these factors that have taken place review the immigration pressures of the past. academic think tanks estimate that net migration between mexico and the united states is close to zero. a recent survey shows only 11% of mexicans say they would leave mexico if given the opportunity. a decline of about half from a 31% 2007. -- in 2007. over the last few years, our common border has increasingly become an area of prosperity. more more dynamic and secure than it has ever been. four in the united states and six in mexico, have a population of 92 minute -- 90 million peopl
the economy french economy is in. now, the german survey responses say the economies were worried about the impact prices. in france, they're much more domestically focused with some suggestions that things couldn't get any worse. >> well, the domestic situation is already a known negative. just to recap for viewers, as well, the composite, which includes both the services and is manufacturing, pmi came in at 46.5 in april for the eurozone. that was just ever so slightly above the 46.4 estimate and manufacturing came in 46.5. the services figure was 46.6. but, again, it's some of the weakness in the core economy of germany that's catching the market's attention this morning. the euro weaker, the xetra dax off by about 0.2%. we're going to get some uk data out at 9:30. also coming up on the show, the how companies are battling to take a foothold in the alternative energy market in china. then at 11:10, we'll be joined by jim o'neill as he nears the end of his tenure at goldman sachs. we'll get his best and worst investment calls from his time in the city. we'll hear up for earnings from
on the economy. people are eliminating chicken and duck from their diet. this is causing serious damage to the poultry industry. >>> city restaurants are losing a lot of money as many kmern vs. stopped ordering poultry fishes. orders have dropped off almost 50%. >> we're very concerned about the damage caused by unfounded rumors. it's a very serious situation for us. >> shoppers are also buying less poultry, both processed and unprocessed. so prices are falling. they're down by 20 to 30% since the first flu case was reported in beijing. and the price of eggs has also fallen by as much as 30%. >> translator: for the good of my health, i'm trying not to eat chicken. >> translator: i don't know how long this situation will last, but i'm really concerned. >> the spreading disease is having an impact on people's daily living. some are taking their own preventive measures. this man works for a company in beijing. he began washing his hands more often, and gargling every morning and evening. helies with his wife and daughter. among them, they keep more than 50 medical masks. >> translator: i a
is taking its toll not only on the health of the people but also on the economy. as the virus spreads and concerns grow, people are eliminating chicken and duck from their diet. this is causing serious damage to the poultry industry. nhk world's michitaka yamaka reports from beijing. >> reporter: city restaurants are losing a lot of money as many customers have stopped ordering poultry dishes. it's enough to tempt wary diners. orders have dropped almost 50%. >> translator: we're very concerned about the damage caused by unfounded rumors. it's a very serious situation for us. >> reporter: food shoppers are also buying less poultry, both processed and unprocessed. so prices are falling. they are down by 20% to 30%. since the first case reported in beijing. the price of eggs has also fallen by as much as 30%. >> translator: for the good of my health, i'm trying not to eat chicken. >> translator: i don't know how long the situation's going to last, but i'm really concerned. >> reporter: the spreading disease is having an impact on people's daily living. some are taking their own preventiv
is typically bought as a safe haven. expectations of a recovery in the global economy have prompted investors to buy riskier assets such as stocks. the latest chinese economic data has triggered further selling of gold. >>> japanese finance minister aso says he will seek the understanding of his group of 20 counterparts and central bank chiefs for the country's economic policy. leaders of the g-20 industrialized and developing nations are getting together in washington later this week. japan's economic policy may be a subject of discussion. u.s. treasury officials last week called on japan not to deliberately devalue its currency. >> translator: japan's measures including those of the bank of japan are aimed at ending prolonged deflation. i will, again, clarify this at the g-20 meeting. so there is no misunderstanding about how true policy objectives. >>> japanese entrepreneurs have had the chance to hear how to be successful from some of the best in the i.t. business. global tech leaders have urged them to expand their businesses with an open mind. executives of japanese i.t. firms organized
very quickly because the economy can't continue the way it is among other things giving gasoline away. they can't go on that way. >> nick raised the question of ideology. it's important to note that the opposition it wasn't an election about ideology. the opposition, what was fascinating about it is it ran on a comain to administer it more efficiently. they accepted the social missions. they accepted even the foreign policy. dressed in red. he was in some ways praising chavez and saying that maduro wasn't worthy. he see it wasn't an election about ideology but an election about continuing the goals. it's been remarkable. the way to think about it is to step back and really consider that this remarkable experiment in social democracy that we've seen more in south america than central america and mexico but a little bit in central america since for the last 10, 15 years beginning in some waysith chavez's election is outlasting. it's first-generation of leaders. lula went through his two terms. >> charlie: many people say he was a champion of the people who chavez thought he was the cham
economy have suddenly acquired this enormous interest in what we thought fifty years ago was -- [inaudible] there are many reasons. one is the arctic sea ice. we will see in the near future, i emphasize the near future, opening up both new shipping routes. linking asia to america and europe in the same way as the suez canal did in its time. one of the reasons why the leadership of china has shown interest in the arctic, they are already planning for a world where china will be the preimminent trading country in the world. and if they send their ships through the northern routes to europe and asia, the distance will be short end by more than 40%. china is already building ships for this purpose. they are already formulating plans indicating the number of vessels that will, in this decade, sail through this route. singapore has already gotten -- [inaudible] with the primary mission of finding a location for a big singapore hopper somewhere until the arctic region. so like the suez canal, indicated are trading transformation of the 20th century. the opening of the northern sea route will indi
to further boost their economy. kim appreciates this policy shift and says she no longer dwells on the past. >> i pray for my people, vietnam people, all the time. and i'm so happy that they continue changing the new generation. they learning a lot and the country need to be changed. >> reporter: because of the bombing and because of that picture, life hasn't been easy for kim. she says she wants to draw on her experiences to help create a better world. >> if everyone can learn to live with love, with hope and forgiveness, if everyone can learn that, we don't need war at all. right. and the challenge is for everyone is that little girl can do it. so everyone can do it too. >> reporter: she's told her story for three decades. and she's determined to keep telling it to people around the world. takafumi terui, nhk world, tokyo. >>> the wae weather may have a negative effect. robert speta has more. >> the weather is really a big part of the the clean up efforts here in southern china. in the next 24 hours we're seeing scattered rain showers out here in this heavily impacted region. the good new
. also affected by the slowdown in china's economy and profit taking after weeks of gains. blue chips lost 265 points yesterday. the nasdaq was also down losing more than 2% of its value. >>> straight ahead, your tuesday morning weather. and security is stepped up at various events in the wake of the boston marathon bombing. boston marathon bombing. [ female announcer ] the only patch for the treatment of mild to moderate alzheimer's disease is exelon patch. now with more treatment options, exelon patch may improve overall function and cognition. your loved one can get a free 30-day trial. and you can have access to nurses. it does not change how the disease progresses. hospitalization, and rarely death, have been reported from wearing more than one patch at a time. the most common side effects are nausea, vomiting, diarrhea, fall, loss of appetite or weight, application site redness, and urinary tract infection. the likelihood and severity of these side effects may increase as the dose increases or if patients weigh less than 110 pounds. people at risk for stomach ulcers who take cer
dollar deficits, to a fledgeling economy and declining military -industrial base. we can now add to that the devastating effects of sequestration to our servicemen and women. sequestration is the wrong approach to bring in spending, particularly as our nation's military readiness will foolishly suffer. however, we are under sequestration. and i hope you can clarify for me some of its impacts. we have recently heard that the army has canceled seven combat center training rotations, the navy has canceled ship deployments. air force has stood 12 combat-coded squad rons, not to mention potential civilian furloughs for up to 14 days all due to sequestration and i hope you can translate that into the real world for us, including what that means in terms of readiness and force posture. we'll continue to wrestle with these issues with you. i'm very happy and pleased to see during the fiscal 2013 c.r. that we were able to include the full year defense and veterans -- milcon and veterans bills, giving you some much needed flexibility in funding for d.o.d. past three years we worked across
discussion we dp, i understd how important refming our immigration system is to our economy and our national security. i cannot support immigration reform if we cannot be satisfied we have secured the border. getting that chicks were we can talk about how we are doing -- getting the metrics were we can talk how we are doing will be critical to getting my support and others. we look forward to working with you to come up with a definitive metrics. chairman of the transportation of security and subcommittee, i'm interested in the tsa budget. i will direct my questions in that direction. it seems logical as we are moving toward risk-based security with the tsa. the thing i have always supported. i support that. it seems to me we have moved theres security and should be significant costs saving for the taxpayer as he do risk-based screening and focus more on threat that ought to free up resources. we can look at the high-tech baggage screening. we would need a lesson screeners for baggage. software upgrades. the gun, we should be able to resource -- redo some of the workforce there. -- again, we
) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> this is cnn breaking news. >> welcome back to our viewers in the united states and around the world. we are continuing to follow the latest on our breaking news. a huge plant blast at a fertilizer facility in west, texas. massive explosion there. a small town, less than 3,000 people, just north of waco. officials don't know about how many are dead but they know somewhere between 5 and 15. developing situation. more than 160 people have been injured, treated at local hospitals. but still ongoing situation, john. >> that's right. a search and rescue operation under way. homes and businesses have simply been leveled. now, while that's going on, new developments in what authorities call perhaps the possible breakthrough in the investigation here in the boston marathon terror attacks. investigators pinpointing now two men they say caught on camera near the finish line. there are pictures coming from an analysis of surveillance video from a lord and taylor department stor
to private sector federal systems, the nation at critical infrastructure and our economy. it supports the president's executive order to improve on the cyber security and critical infrastructure security and resilience. finally, to ensure continued resilience to disasters, the president's budget focuses on emergency management. it includes resources for the disaster relief fund for declared disasters or emergencies. the administration is proposing the consolidation of 18 grant programs into one national program to create a robust national response capacity while reducing administrative overhead. this competitive, risk based program will use a comprehensive process to identify and deploy capabilities, put funding together quickly and require grantees to report on their progress. it is this kind of funding that has enhanced capabilities in cities like boston. since 2002, the boston urban area has received $300 million in federal grant funding, which is used to equip tactical teams. within the last year, the metro boston homeland security region used funding to provide training to improv
western economies are not looking good at all and many of them are in contraction. so it's a bit of a mixed picture. we're not that certain. investors have money to allocate to right now go for gold and silver first before looking at other commodities, except, perhaps, natural gas equities and they're extremely trading, many of them trading well below book values. that's another dpesed opportunity. >> always good to have you on. martin hennecke, associate director at type. >>> shares of softbank after someone made a competing bid for sprint. but softbank remains determined says it is still the best on the table. fashuiko has the story for us from tokyo. >> hi, ross. dish may be giving them a run for their hone, but softbank is still confident of its $20 billion bid for strength. softbank said its choice to invest in sprint is superior to the offer made by dish. it expects to close the deal on july 1st with its original plan. softbank's $20 billion deal to acquire 70% of sprint reached agreement by the two companies in october and is now under review by the u.s. federal communicat
hospital and check in with bill hemmer. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. to your table for a limited time! it's our seafood dinner for two for just 25 dollars! a handcrafted seafood feast made to share. first you each get salad and unlimited cheddar bay biscuits. then choose two from a wide variety of chef-inspired trées like our new honey garlic crispy shrimp or new seafood lover's lingui. round out your seafood dinner with your choice of either an appetizer or dessert to share! don't miss our seafood dinner for two, just $25 at red lobster, where we sea food different. [ male announcer ] purpose elevates what we do. raises it to a more meaningful place. makes us live what we do,
economy is keeping inflation intact. u.s. consumer prices slipted 2/10 in march. the government says the reason gas prices fell, and food prices unchanged. >>> the government also announced new home construction hit its highest level since june 2008. u.s. home builders broke ground on more than 1 million new units. apartment construction was up more than 37% in march. but single-family home construction down almost 5% after hitting a five-year high in february. >>> and bay area rents continue to rise but there is some good news for renters. rent increased less than 8% during this year. that's a slowdown each of the past two years from double- digits. the lowest rentals are in contra costa county with a three bedroom unit costing res than $1800 a month -- less than $1800 a month. in san mateo, 3300 a month. >>> a school in japan now is claiming a small boat that washed up in northern california last week. it's a 20-foot boat believed to be part of the debris from the 2011 tsunami in japan. photos of it were posted of it on facebook. the word has the words tekada high school written on
this policy. which inn facts is always a good policy. a prime money laundering concern. the entire economy is a prime money laundering concern. the famous subject on the banks of delta asia and macau which tracked down successfully kim's own money, that's the father, nearby dandong is the port of dal lifment on. recently a couple years back, the south africans found one of these ships as it came into a south african port filled with chinese rice and wheat and north korean weaponry of all kinds. it obviously had been inspected in dalleon and had been oked for onward proliferation to north korea. let's look at a couple more statistics. their exports to china has quadrupled during this period of 2008 to 2011 of strategic patients and tough financial sanctions and what have you and various u.n. resolution and so on and so forth. so trade may have doubled. according to bun of the prime watchers of north korean economics external and interm, north korean may in fact be running a trade surplus, which i think would shock a lot of people for any poor country. meaning it is exporting capital. north
in the current state of the economy. this is from fall of 2012. we will see if that changes post-boston and if those numbers go up. this goes to the earlier segment that you aired, this idea that the united states is complacent with respect to terrorism. i think the survey demonstrates it is among the things that iople think about your it also think that the law enforcement community is certainly not complacent when it comes to terrorism. the boston event was a security event. there's a lot of individuals covering that event, from federal, state and local. i don't think that boston happened due to complacency. i don't think we necessarily are complacent. i think we have accepted terrorism as a new facet of our reality, albeit one that does not happen that frequently. host: if you want to look at the start.u you can go to m.d.edd.edu to get more informa. nationaliff, from the consortium for the study of terrorism & responses to terrorism. caller: good morning. i think these turbo crimes are quite separate. two crimes are quite separate. the man in connecticut was concerning his di
trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. i don'without goingcisions to angie's list first. you'll find reviews on home repair to healthcare written by people just like you. with angie's list, i know who to call, and i know the results will be fantastic. angie's list -- reviews you can trust. >> welcome back to this special edition of "starting point "loif from boston. as we surveyed area hospitals, 152 people injured in these terrorist attacks. we are saying 152 people hurt. in these awful attacks, at the conclusion of the boston marathon yesterday. i'm joined by former congressman barney frank. right on the marathon route. joins me by phone. we're both massachusetts knaves. i hope you like so many of us right now, our hearts go out to everyone involved in the attacks. >> absolutely. t the swings, from so much fun, so up much enjoyment, to the lows of terror, it's such an emotional shock. bad enough if someone love is dying. you get a chance to prepare. but this swing from everything wonderful to the worst possible situation is de
. that was other things happening around the world. the chinese economy was falling down, banks in cyprus potentially selling their gold reserves to pay to the european commission. a lot of things on minds when they open today. i'll tell you what's different today. this is the security tent. everyone that goes into the new york stock exchange has to go through that security at the present time. traders, heads of state, presidents. no one is immune from the security screen. as we come back and look around at the people that are starting to kind of get o work in lower manhattan, again, there is going to be increased security here at the new york stock exchange and increased security around manhattan. julie banderas reporting on changes to times square, train stations. any financial institutions in new york city and some have been targets in the past of terrorists. mayor bloomberg making sure today that 1,000 extra counterterrorism officers are on the streets of new york. many of them, again, going to be here in downtown manhattan and at the new york stock exchange. again, market is going to
i'm raising two girls on my own. i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. >>> welcome back to this special edition of "today" as we cover the aftermath of monday's bombings at the boston marathon. natalie is back with more on why this event means so much to this city. >> that's right, savannah, from many participants completing the race is a lifelong dream. it is known for its challenging hills and its enthusiastic crowds but this year it became the perfect target for terror. who could have predicted a race that began with the traditional starting gun would end with a pair of explosions. a city wide celebration transformed in an instant by an act of terrorism. >> everybody was excited, taking pictures and next thing you know it's just utter chaos. we were terrified and the only thing we could think of, is there another bomb? >> it
Search Results 0 to 35 of about 36 (some duplicates have been removed)